FEA Guide to Leasing
Leasing, and other alternative finance options, are a great way to benefit from the latest models
When times are tough and foodservice operators need to buy a new commercial fridge, oven, dishwasher or other professional appliance, finding the cash to buy outright can be nigh on impossible. Which is where alternative finance options, such as leasing, come into their own. In fact, the COVID-19 crisis has led to the development of increasingly flexible finance packages, notably with features like low-start payments or even payment holidays, especially at the beginning of the arrangement, designed to give the operator a leg up to help build business.
Investing in good quality equipment is the best way to enhance your business. Leasing, and other alternative finance options, are a great way to benefit from the latest models – in fact, with many leasing arrangements, you can upgrade equipment to the latest version, to help you stay ahead.
Download our guide to get answers to some frequently asked questions.
Are you considering leasing as an option?
FEA Associate Member, Academy Leasing, are offering the following incentive to FEA Member supplier companies to help their customers purchase new equipment:
- 3x Months low start options (Small payments for the first 3x months and higher payments for the rest of the term)
- 6x Months half payments (First 6x months at half the usual rental and the remainder of the term higher rentals)
This should assist end users to get new equipment during this period, so they are good to go when things start moving again.
Hopefully, they can also use this to assist other members in closing down some sales during this uncertain period.
Academy Leasing also are able to help and guide any businesses with the governments CBILS Loan schemes.
You may also be interested in our Exploring Leasing as an Option webinar.